PalmPay

PalmPay, founded in 2018, is a prominent fintech entity specializing in credit cards and transaction processing. The company provides a comprehensive suite of financial services tailored for both individual consumers and merchants. For merchants, the PalmPartner app facilitates online payment processing and offline POS-acquiring services, with upcoming plans to integrate digital marketing solutions. Meet PalmPay's team to understand the organizational structure driving these innovations.

The platform serves a broad user base with a diverse range of consumer-facing features, including no-fee payment options, low-cost fund transfers, bill payment utilities, and integrated rewards programs. PalmPay maintains a significant operational scale, currently employing 1,000-5,000 employees to support its B2B and B2C service models. The company operates with a focus on mobile-first financial accessibility, leveraging its mobile app infrastructure to drive economic inclusion across its target markets.

Financially, PalmPay has demonstrated robust growth, reporting annual revenue of $64.0M. The company has successfully secured significant capital, including a $140.0M Series A round in 2021 and a $100.0M Series B round in 2025, backed by major investors such as GIC and Transsion. Explore financial highlights to review these capital infusions and the company's fiscal trajectory. With its headquarters located in Lagos, Nigeria, PalmPay continues to expand its footprint in the global financial services sector through strategic product development and scalable payment technology.